In crypto information at present (July 15), Bitcoin has surged again to $65,000, with a formidable +3.5% transfer over the previous 24 hours. Right now of writing, BTC USD is sitting just below $65K, but when it will probably shut above on a 4-hour candle, a push towards $70,000 may very well be on the playing cards.
This transfer from Bitcoin comes as $181M in inflows had been recorded throughout numerous BTC ETFs yesterday. This pattern of the Bitcoin value motion correlating to the route of ETF flows continues. It’s price maintaining a tally of ETF efficiency for clues as to the place BTC is heading.
With the vast majority of the market spiking increased alongside Bitcoin, a number of notable initiatives are within the crimson at present. Bittensor (TAO) and World Liberty Fi (WLFI) are each down about -1%, whereas Ethereum (ETH) and Hyperliquid (HYPE) are every up about +5%.
The Concern & Greed Index hasn’t reacted but to the market-wide spike, leaping simply 3 factors from yesterday to 25/100, nonetheless in ‘Excessive Concern’ territory. If Bitcoin can maintain at round or above $65,000 all through the remainder of the week, there’s a good likelihood the index strikes towards the ‘Concern’ territory.
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Crypto Information In the present day: JPMorgan Highlights Danger for Circle and Coinbase Attributable to Hyperliquid’s Speedy Development
JPMorgan has revised its forecasts for Circle and Coinbase, stating that their new settlement with the crypto buying and selling platform Hyperliquid poses long-term dangers for the economics of the USDC stablecoin. The financial institution argues that this association will drive each corporations to compete to extend token distribution.
Hyperliquid has emerged as one of many largest distribution channels for USDC. DefiLlama information exhibits that the platform presently holds roughly $6Bn price of the stablecoin, which accounts for about 8% of its complete provide (73.15Bn tokens).
JPMorgan describes the settlement as making a traditional “prisoner’s dilemma,” by which Circle and Coinbase are incentivized to sacrifice a few of their profitability to broaden USDC’s market share.
Hyperliquid is acknowledged as the most important decentralized perpetual futures alternate and is likely one of the fastest-growing buying and selling platforms within the cryptocurrency trade.
Its buying and selling quantity exceeded $150Bn in July, and its share of Binance’s buying and selling quantity reached 11.5%. Analysts consider these figures point out that Hyperliquid is constant to seize market share in crypto derivatives buying and selling.
Beneath the brand new settlement, Coinbase will rely USDC held on Hyperliquid as a part of its ecosystem property. Coinbase will retain earnings from the stablecoin’s reserves and allocate 90% of that income to Hyperliquid.
JPMORGAN WARNS HYPERLIQUID THREATENS CIRCLE USDC ECONOMICS!
JPM analysts say Hyperliquid’s rising dominance and revamped take care of Circle/Coinbase creates a “prisoner’s dilemma,” pressuring $USDC income sharing because the DEX holds ~$6B (8% of provide), CoinDesk reviews.
Financial institution… pic.twitter.com/AZQ09uuN97
— Crypto Banter (@crypto_banter) July 14, 2026
The European Central Financial institution Selects 36 Individuals for its 2027 Digital Euro Pilot
In different crypto information from at present, the European Central Financial institution (ECB) has chosen 36 cost corporations and banks from throughout the euro space to take part in a 12-month digital euro pilot program. Testing is scheduled to start within the second half of 2027, representing one other step within the technical preparations for a possible retail central financial institution digital foreign money.
In line with the ECB’s web site, the contributors had been chosen from over 50 candidates, together with each banks and non-bank cost service suppliers. The ultimate listing contains outstanding establishments corresponding to Deutsche Financial institution, UniCredit, and France’s BPCE group, in addition to digital platforms corresponding to Revolut Financial institution UAB, Stripe Know-how, and Adyen.
These contributors will function digital euro distributors and/or buying cost service suppliers. Distributors will present Eurosystem employees with entry to check accounts and cost companies, whereas buying suppliers will help chosen companies in accepting funds utilizing the beta model of the digital euro.
The ECB intends to make use of this beta model of the foreign money to check numerous points, together with cost performance, operational processes, and consumer expertise. Each the central financial institution and 19 nationwide central banks from throughout the euro space can be concerned within the pilot.
Individuals will embrace Eurosystem employees, on-line retailers, cafes, eating places, and different companies that can check person-to-person transfers and funds to retailers. Transactions will happen each on-line and offline, together with at bodily factors of sale.
The pilot goals to assist the ECB refine the digital euro’s technical structure earlier than making a closing choice on whether or not to difficulty it. In line with the challenge roadmap, the central financial institution hopes to be ready for a possible first issuance in 2029, contingent on the adoption of the required laws in 2026. The ECB will make its closing choice solely after this laws is permitted.
Europe's digital euro pilot will get its 36 corporations
The @ecb chosen 36 cost suppliers for its digital euro pilot, from Deutsche Financial institution and UniCredit to Revolut and Stripe. The beta trial runs 12 months from late 2027, with potential issuance in 2029 if the laws lands.
Half… pic.twitter.com/mbgLGmUyKJ
— BSCN (@BSCNews) July 14, 2026
The submit Crypto Information In the present day (July 15): BTC Surges Again to $65K, JPMorgan Flags Hyperliquid Danger, and the European Central Financial institution Steps Up Digital Euro Push appeared first on 99Bitcoins.
